MeterMan on February 15, 2023 at 1:54 am Idea: Crypto as a global currencyLink: https://learningenglish.voanews.com/a/brit... Several countries are considering launching central bank-backed cryptocurrencies that are more stable compared to other cryptos. These will give fiat currency very stiff competition. Britain Moves Closer to Launching Official Digital Currency Link: https://learningenglish.voanews. The British government has taken another step toward launching an official digital currency.
Jamdo on February 15, 2023 at 12:21 am Idea: Crypto as a global currencyLink: https://www.youtube.com/watch?v=XNM_gyA6L_... The problem with cryptocurrencies replacing fiat money is that they are too volatile. Why Are Cryptocurrencies So Volatile | What Causes Cryptocurrency Volatility Link: https://www.youtube.com/watch?v=
Troy Nightingale on February 14, 2023 at 11:38 pm Idea: Crypto as a global currencyLink: https://markets.businessinsider.com/news/c... Cryptocurrencies are becoming increasingly popular worldwide, and top cryptos such as bitcoin might replace real currencies within no time. https://markets.businessinsider.com/news/cryptocurrencies/bitcoin-vs-fiat-global-finance-2050-crypto-experts-finder-2021-7 More than half of experts in a recent crypto survey said bitcoin will replace fiat currency by 2050 Link: https://markets.businessinsider. So-called hyperbitcoinization could take place as early as 2035, according to Finder.com, which surveyed a panel of crypto experts.
Several countries are considering launching central bank-backed cryptocurrencies that are more stable compared to other cryptos. These will give fiat currency very stiff competition.
The problem with cryptocurrencies replacing fiat money is that they are too volatile.
Cryptocurrencies are becoming increasingly popular worldwide, and top cryptos such as bitcoin might replace real currencies within no time.
https://markets.businessinsider.com/news/cryptocurrencies/bitcoin-vs-fiat-global-finance-2050-crypto-experts-finder-2021-7